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Academic Journal of Science, Engineering and Technology
Vol. 10 No. 1 (2025): January-February
Original Articles

ASSESSMENT OF PROPERTY MANAGEMENT FOR THE DEVELOPMENT OF REAL ESTATE BUSINESS IN ENUGU URBAN NIGERIA

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  • Nwanna Isaac Arinze,
  • Prof Augusta Emenike ,
  • Eze Hillary
Nwanna Isaac Arinze
Department of Quantity Surveying, Faculty of Environmental Sciences ESUT Business School, Enugu State University of Science and Technology, Enugu
Prof Augusta Emenike
Department of Quantity Surveying, Faculty of Environmental Sciences ESUT Business School, Enugu State University of Science and Technology, Enugu
Eze Hillary
Department of Quantity Surveying, Faculty of Environmental Sciences ESUT Business School, Enugu State University of Science and Technology, Enugu
DOI: https://doi.org/10.5281/zenodo.14974498

Published 2025-03-05

Keywords

  • Development,,
  • Estate,
  • Management,
  • Property,
  • Real

How to Cite

Nwanna , I. A., Emenike , A., & Eze, H. (2025). ASSESSMENT OF PROPERTY MANAGEMENT FOR THE DEVELOPMENT OF REAL ESTATE BUSINESS IN ENUGU URBAN NIGERIA. Academic Journal of Science, Engineering and Technology, 10(1), 1–20. https://doi.org/10.5281/zenodo.14974498

Copyright (c) 2025 Academic Journal of Science, Engineering and Technology

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Abstract

The study examined the effect of Assessment of Property Management on the Development of Real Estate Business in Enugu Urban Nigeria. The specific objectives are to; Examine the effect of Energy Efficiency Management on the Development of Real Estate Business. Evaluate the effect of Conserving Water Management on the Development of Real Estate Business in Enugu Urban Nigeria. The study adopts a descriptive survey research design. Primary data collection from a cross-section of respondents through a structured questionnaire. The population of this study consists of real estate developers, property managers, and other stakeholders involved in the real estate business in Enugu State. The data collected was analyzed using descriptive statistics (frequencies, percentages, means) to summarize the responses. The hypotheses were tested using inferential statistical techniques such as regression analysis, correlation, and Statistical Package for Social Sciences (SPSS) version 28.0. The result revealed that Energy Efficiency Management has a significant effect on the Development of Real Estate Business where the p-value is (0.000<0.05) and Conserving Water Management has a significant effect on the Development of Real Estate Business where the p-value is (0.001<0.05) in Enugu Urban Nigeria. The study concluded that Sustainable Property Management has a significant effect on the Development of Real Estate Business in Enugu Urban Nigeria. The study recommended among others that, Real estate developers and property managers should actively adopt and promote energy-efficient technologies and practices, such as the use of renewable energy sources, LED lighting, energy-efficient appliances, and insulation systems.

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